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Showing 1471 - 1480 of 2198 results for "Framework"

Cooper defends BT life insurance figures

ALEX BURKE  |  MONDAY, 17 OCT 2016
... be used in a fair comparison. As a result, he said he supports ASIC's recommendation to establish a public reporting framework. "We strongly support the need for standardised reporting to allow consumers to make meaningful comparisons," he said. "However ...

ASIC finds life claim rates wildly inconsistent

ALEX BURKE  |  WEDNESDAY, 12 OCT 2016
... with APRA, establish a new public reporting requirement for life insurers; second, that government strengthen the legal framework for claims handling; and third, that dispute resolution frameworks be similarly strengthened. While specific insurers were ...

ASX responds to CFR regulatory expectations

KERRIE SYDEE  |  WEDNESDAY, 12 OCT 2016
... competition emerges in relation to cash equity clearing and settlement facilities. For the ASX the code provides a formal framework for conduct in operating its cash equities clearing and settlement (CS) services while it remains the sole provider of ...

Dunsford explains backpedal at EGM

JAMIE WILLIAMSON  |  TUESDAY, 11 OCT 2016
... were more concerned and resistant to changing the constitution than they were about the flaws in the Life Insurance Framework (LIF)." Dunsford believes that the LICG was successful in contributing to the federal government's decision to delay the implementation ...

Life Insurance Code targets self-regulation

MARK SMITH  |  TUESDAY, 11 OCT 2016
... and customer service, which are expected to be reintroduced to parliament this week in the form of the Life Insurance Framework. Speaking at the launch of the Code of Practice Trowbridge said: "This is the first time the industry has had an industry-wide ...

LIF to be introduced this week

MARK SMITH  |  MONDAY, 10 OCT 2016
The legislation for the Life Insurance Framework will be formally introduced into parliament this week, the Minister for Revenue and Financial Services Kelly O'Dwyer has confirmed. Responding to questions from industry journalists at the AFA National ...

Industry bodies united on group insurance

JAMIE WILLIAMSON  |  MONDAY, 10 OCT 2016
... months IFF has also started an insurance data standards working group and released a group risk insurance management framework addressing issues such as automatic acceptance levels, TPD definitions and fee arrangements for lawyers and data; while the ...

Slow, slower, slowing

BENJAMIN ONG  |  MONDAY, 10 OCT 2016
... they're called "QE's" or "LTRO's" or "OMT's" or Quantitative and Qualitative Easing with a Negative Interest Rate" or "New Framework for Strengthening Monetary Easing: "Quantitative and Qualitative Monetary Easing with Yield Curve Control"", but it's ...

Insurance reforms get member support

MARK SMITH  |  FRIDAY, 7 OCT 2016
... the proposed reforms to the life risk industry, after a motion calling for removal of support of the Life Insurance Framework received little support in a vote. The special resolution fell well short of the votes needed to bring about a change to the ...

Adviser reform about recovering social licence

MARK SMITH  |  THURSDAY, 6 OCT 2016
... Smith, and APRA board member Geoff Summerhayes discussed all the major talking points relating to the Life Insurance Framework, concluding that the industry must move towards self-regulation in order to regain its reputation. "The reason we are facing ...